Global Economic Times

2026.06.07 (Sun)
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L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

SEOUL — L&F Co., a prominent South Korean pioneer in secondary battery materials, officially announced on Thursday that its wholly-owned subsidiary, L&F Plus, has been selected as the fi
Major Korean Telcos Trim Online-Exclusive Plans by Up to 50% Amid Shift to Unified Mobile Tariffs

SEOUL — South Korea’s major mobile carriers are drastically streamlining their online-exclusive service plans, reducing their lineups by 20% to 50%. This sweeping reorganization comes clos

40s Emerge as Dominant Force in Tech Leverage ETFs: Investing 3.3 Trillion Won for Double Returns

A profound shift is occurring within the South Korean equity market as investors in their 40s emerge as the primary driver of single-stock leverage exchange-traded funds (ETFs) tied to the nation'

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Paraguay Sees Rise in Economic Freedom Index... Ranks 11th in South America, 59th Worldwide: Paraguay scored 65.2 points in the 2025 Economic Freedom Index (ILE), ranking 59th globally and 11th among 32 South American count ...; KO YONG-CHUL Reporter 2025.03.24

Paraguay Concerned About Increased Public Debt Burden Due to Strong Dollar... "No Immediate Risk": Concerns have been raised that Paraguay's public debt repayment burden is increasing as its currency, the Guarani, weakens against ...; Graciela Maria Reporter 2025.03.24

Australians Cut Back on Impulse Buys at Petrol Stations as Living Costs Bite: SYDNEY - Australian motorists are increasingly forgoing impulse purchases at petrol stations as cost-of-living pressures force a c ...; Eugenio Rodolfo Sanabria Reporter 2025.03.23

OB Beer Announces Beer Price Hike Amidst Rising Costs: SEOUL – OB Beer, South Korea's leading brewer, has announced that it will increase the factory release prices of its major b ...; Desk 2025.03.21

Paraguayan Small Business Owners See Only 10% Legal Compliance Rate: Low Formalization Hinders Economic Growth and Sustainability: ASUNCIÓN, Paraguay – According to a recent announcement by the Paraguayan Ministry of Industry and Commerce (MIC), on ...; Desk 2025.03.21

Easing the Burden on Small Shops: BCP Decides to Gradually Reduce Card Fees: Final Reduction to 3% for Credit Cards and 2% for Debit Cards from July 2026: Asunción, Paraguay - The Central Bank of Paraguay (BCP) has decided to gradually reduce the fees that shops must pay for cr ...; Desk 2025.03.21

Paraguay Grapples with Persistent U.S. Dollar Surge: Asunción, Paraguay – Paraguay is facing a persistent surge in the U.S. dollar, posing economic challenges despite the ...; Global Economic Times Reporter 2025.03.20

South Korea's Total National Debt Exceeds 6,200 Trillion Won, Government Debt Shows Sharpest Increase: Seoul, South Korea – South Korea's total national debt has exceeded 6,200 trillion won, with government debt showing the mos ...; Yim Kwangsoo Correspondent 2025.03.20

Argentina's IMF Deal in Limbo, Market Uncertainty Mounts: Buenos Aires, Argentina – Just two weeks after declaring a finalized agreement with the International Monetary Fund (IMF), A ...; ONLINE TEAM 2025.03.19

Brazil Abolishes Import Tariffs on 11 Essential Food Items to Combat Inflation: Brasília, Brazil – In a strategic move to tackle rising living costs and curb inflation, the Brazilian government has ...; KO YONG-CHUL Reporter 2025.03.19

Global Inflation Drives Up Domestic Prices in South Korea, Study Finds: A recent analysis by the Korea Institute for International Economic Policy (KIEP) reveals that a 1% rise in global prices leads to ...; ONLINE TEAM 2025.03.18

Singapore's February Exports Rebound, Shrugging Off Lunar New Year Effects; Gold Demand Surges: Singapore – Singapore's core exports rebounded in February, shaking off the contraction seen during the Lunar New Year perio ...; Ana Fernanda Reporter 2025.03.18

Paraguay Seeks Diversification to Move Away from Agricultural Dependence: The Paraguayan economy is highly dependent on agricultural production. According to Waldo Gonzalez, an economic expert at Basa Cap ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18

Paraguay's Economy: Warnings of an Unstable Future... Exposing Risks to Investors: In a recent report submitted to investors ahead of a bond issuance on the New York Stock Exchange, Paraguay's Ministry of Economy ...; Desk 2025.03.18

Paraguay: Sharp Rise in Prices of Essential Goods, Increasing Burden on Consumers: In Paraguayan local markets, the prices of essential goods such as tomatoes, eggs, and cheese have risen sharply in just one week, ...; Ana Fernanda Reporter 2025.03.18

Saudi Arabia's Credit Rating Upgraded, But Payment Concerns Persist: Dubai – Standard and Poor's (S&P) has upgraded Saudi Arabia's credit rating, citing the Kingdom's progress in diversifyi ...; Eugenio Rodolfo Sanabria Reporter 2025.03.18

UK Economy Unexpectedly Contracts in January, Raising Concerns Ahead of Spring Statement: LONDON – The UK economy experienced an unexpected 0.1% month-on-month contraction in January, according to official figures ...; Eugenio Rodolfo Sanabria Reporter 2025.03.17

South Korean Food Industry Hikes Prices Amidst Political Uncertainty: As South Korea anticipates the presidential impeachment ruling of Yoon Suk-yeol as early as next week, the nation’s food ind ...; Desk 2025.03.15

Gold Prices Hit Record High Amid Trump's 'Tariff War': International gold prices have surged to an all-time high, driven by the escalating 'tariff war' led by US President Donald Trump. ...; Desk 2025.03.15

Malaysia Prepares for Potential US Recession, Focuses on Domestic Economic Resilience: KUALA LUMPUR – As fears of a potential recession in the United States loom, Malaysia is intensifying efforts to bolster its ...; Desk 2025.03.14